Funding you earn now, next payment 21:00 UTC+0.0201%/8h= +22.0% APRnext payment +$0.25 per $10,000 · paid last 24h +0.012%
Price spread now: Phoenix against Deribit−0.442%70s7-day average +0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.688% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 3 days (all we have)+0.204%+$20 · spread now −0.442%, 7d avg +0.133%
=Funding pays, the price is against you. Phoenix is 0.574% cheaper against Deribit than usual: you would sell low and buy high (spread −0.442% now, against its 7-day average of +0.133%). If the spread goes back, that is −$57 on $10k: about 9.5 days of funding at the current rate (+$6 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FARTCOIN_USDC-PERPETUAL | 0.1925 | 0.0218 | pay 0.0027% / 1h | 23m 52s | $122K | $95K | 25x |
| Short | Phoenix FARTCOIN | 0.1916 | 0.0419 | get 0.0052% / 1h | 23m 52s | $112K | $174K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $42.22
- Price spread: −0.442% → +0.133%
- −$57.43
- Slippage, 4 orders
- −$54.79
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$84
- Costs to cover
- 0.688%
- Break-even
- 20.9 days
Slippage from Deribit: live order book, 64 min ago; Phoenix: live order book, 58 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit live order book, 64 min ago | 8.36 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 58 min ago | 3.17 bp | 20.3 bp −$20 | 59.2 bp −$592 | doesn't fit | doesn't fit |
FARTCOIN on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FARTCOIN/USD | L +0.0005% / S −0.0002% | 1h | 0.1924 | −0.058% | $34K | — | 150x | as long as short |
| Injective FARTCOIN/USDC PERP | +0.0033% | 1h | 0.1984 | +3.070% | $1K | $4K | 5.5x | as long as short |
| Aster FARTCOINUSDT | +0.0100% | 4h | 0.1924 | −0.047% | $77K | $187K | 5x | as long as short |
| Pacifica FARTCOIN | +0.0100% | 1h | 0.1925 | +0.005% | $181K | $404K | 10x | as long as short |
| Bybit FARTCOINUSDT | +0.0100% | 4h | 0.1926 | +0.083% | $29.7M | $49.4M | 50x | as long as short |
| Bulk FARTCOIN-USD | +0.0100% | 1h | 0.1915 | −0.538% | $76K | $25K | 10x | as long as short |
| MEXC FARTCOIN_USDT | +0.0100% | 4h | 0.1926 | +0.073% | $32.0M | $13.9M | 100x | as long as short |
| Backpack FARTCOIN_USDC_PERP | +0.0100% | 1h | 0.1925 | −0.010% | $84K | $248K | 10x | as long as short |
| Polymarket Perps FARTCOIN-USD | +0.0100% | 1h | 0.1924 | −0.068% | $104K | $828K | 10x | as long as short |
| SunX FARTCOIN-USDT | +0.0100% | 4h | 0.1929 | +0.197% | $2K | $1.7M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX FARTCOIN-USD | +0.0100% | 1h | 0.1926 | +0.057% | $154K | $7K | 10x | as long as short |
| HTX FARTCOIN-USDT | +0.0100% | 4h | 0.1925 | +0.021% | $67K | $173K | 20x | as long as short |
| Aevo FARTCOIN-PERP | +0.0112% | 1h | 0.1927 | +0.109% | $31K | — | 3x | as long as short |
| Binance FARTCOINUSDT | +0.0125% | 4h | 0.1927 | +0.094% | $18.5M | $72.4M | 75x | as long as short |
| Bitget FARTCOINUSDT | +0.0128% | 4h | 0.1927 | +0.109% | $13.4M | $15.0M | 50x | as long as short |
| GRVT FARTCOIN_USDT_Perp | +0.0128% | 4h | 0.1923 | −0.099% | $241K | $4.4M | 10x | as long as short |
| BingX FARTCOIN-USDT | +0.0130% | 4h | 0.1926 | +0.057% | — | $14.6M | — | as long as short |
| OKX FARTCOIN-USDT-SWAP | +0.0135% | 4h | 0.1927 | +0.109% | $4.5M | $13.5M | 20x | as long as short |
| KuCoin FARTCOINUSDTM | +0.0164% | 4h | 0.1927 | +0.109% | $10.2M | $15.9M | 50x | as long as short |
| Lighter FARTCOIN | +0.0176% | 1h | 0.1927 | +0.099% | $579K | $904K | 10x | as long as short |
| Deribit FARTCOIN_USDC-PERPETUALlong | +0.0218% | 1h | 0.1925 | long leg | $122K | $95K | 25x | |
| Gate FARTCOIN_USDT | +0.0250% | 4h | 0.1927 | +0.099% | $10.8M | $7.8M | 75x | as long as short |
| Extended FARTCOIN-USD | +0.0256% | 1h | 0.1926 | +0.071% | $199K | $2.1M | 25x | as long as short |
| Variational Omni FARTCOIN | +0.0279% | 4h | 0.1926 | +0.072% | $814K | $2.5M | — | as long as short |
| GMX FARTCOIN/USD [WBTC.b-USDC] | L +0.0329% / S −0.0456% | 1h | 0.1923 | −0.099% | $43K | — | 100x | as long as short |
| ApeX Omni FARTCOINUSDT | +0.0345% | 1h | 0.1924 | −0.047% | $23K | $223K | 50x | as long as short |
| BloFin FARTCOIN-USDT | +0.0365% | 4h | 0.1925 | +0.005% | $960K | $1.8M | 75x | as long as short |
| Reya FARTCOINRUSDPERP | +0.0411% | 1h | 0.1924 | −0.035% | $0 | — | 5x | as long as short |
| Phoenix FARTCOINshort | +0.0419% | 1h | 0.1916 | −0.442% | $112K | $174K | 10x | |
| Arcus FARTCOIN-USD | +0.0480% | 1h | 0.1924 | −0.047% | $14K | $111K | 10x | as long as short |
| Nado FARTCOIN-PERP | +0.0503% | 1h | 0.1923 | −0.073% | $774K | $683K | 10x | as long as short |
| Orderly PERP_FARTCOIN_USDC | +0.0569% | 4h | 0.1927 | +0.109% | $24K | $3K | 20x | as long as short |
| 01 Exchange FARTCOINUSD | +0.0824% | 1h | 0.1928 | +0.151% | $391 | $381 | 10x | as long as short |
| Kraken Futures PF_FARTCOINUSD | +0.0898% | 1h | 0.1926 | +0.065% | $749K | $1.7M | 50x | as long as short |
| Coinbase International FARTCOIN-PERP-INTX | +0.0944% | 1h | 0.1931 | +0.343% | $947K | $7.7M | 50x | as long as short |
| Hyperliquid FARTCOIN | +0.0988% | 1h | 0.1928 | +0.171% | $42.6M | $26.5M | 10x | as long as short |
Deribit FARTCOIN_USDC-PERPETUAL
Phoenix FARTCOIN
gTrade (Gains Network) FARTCOIN/USD
Injective FARTCOIN/USDC PERP
Aster FARTCOINUSDT
Pacifica FARTCOIN
Bybit FARTCOINUSDT
Bulk FARTCOIN-USD
MEXC FARTCOIN_USDT
Backpack FARTCOIN_USDC_PERP
Polymarket Perps FARTCOIN-USD
SunX FARTCOIN-USDT
SoDEX FARTCOIN-USD
HTX FARTCOIN-USDT
Binance FARTCOINUSDT
Bitget FARTCOINUSDT
GRVT FARTCOIN_USDT_Perp
BingX FARTCOIN-USDT
OKX FARTCOIN-USDT-SWAP
KuCoin FARTCOINUSDTM
Lighter FARTCOIN
Gate FARTCOIN_USDT
Extended FARTCOIN-USD
Variational Omni FARTCOIN
GMX FARTCOIN/USD [WBTC.b-USDC]
ApeX Omni FARTCOINUSDT
BloFin FARTCOIN-USDT
01 Exchange FARTCOINUSD
Kraken Futures PF_FARTCOINUSD
Coinbase International FARTCOIN-PERP-INTX
Hyperliquid FARTCOIN